The lure of fast gains in cryptocurrency trading and the fear of missing out can create a sense of urgency to pile hard-earned cash into the volatile industry. A California man who is also a crypto enthusiast transferred £72,908 ($100,000) from his retired mother's account into bitcoin investments without her knowledge.
His elder sister, living in Washington, recently wrote to MarketWatch, seeking advice on how she could prevent financial harm to her retired parents in their early 70s.
